Japan’s Suzuki expects the BOJ to appropriately guide policy, taking into account prices and the economy
Japanese Finance Minister Shunichi Suzuki said on Tuesday that he “expects the Bank of Japan (BOJ) to guide policy with due regard for prices and the economy.”
He said that “the decision on specific monetary policy rests with the BOJ.”
Additional Comments
Reserve funds are initially used for the necessary service.
We will create an additional budget in addition to the reserve fund.
Meanwhile, the country’s top cabinet secretary, Hirokazu Matsuno, said the “reserve fund decision seeks to mitigate the impact of price hikes.”
market reaction
At the time of writing, USD/JPY is consolidating its recent rise above 143.00, which is slightly flat on the day.
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